Investors predict new record price for gold within two years - Financial Times
Investors predict new record price for gold within two years - Financial Times
Source: Financial Times
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DW NOTE
Investors predict a gold record because everything else has already failed — yields at 5.24% haven't suppressed inflation, the Strait of Hormuz is closed, and the Fed's 3.90% policy rate is still 140 basis points below trailing CPI. Gold isn't a bet on chaos, it's a bet that central banks have no plan for it.